Law Firm Fights To Quash DBSI Ponzi Scheme Suit

Law360, Wilmington (June 6, 2012, 8:37 PM EDT) -- Hirschler Fleischer PC asked a Delaware federal judge on Wednesday to dismiss a suit alleging the law firm was complicit in a $500 million Ponzi scheme orchestrated by insiders at bankrupt real estate investment firm DBSI Inc.

The complaint, filed by the litigation trustee for DBSI’s bankruptcy estate, is devoid of facts linking Hirschler Fleischer to the alleged scheme or showing that it had knowledge of any fraud committed by its former client, the law firm argued at a court hearing in Wilmington.

Andrew Morris of...
To view the full article, register now.



Case Information

Case Title

Zazzali v. Hirschler Fleischer P.C. et al

Case Number




Nature of Suit

Racketeer/Corrupt Organization


Leonard P. Stark

Date Filed

July 11, 2011

Law Firms

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.